March 27, 2020
Company name:
Representative:

ES-CON JAPAN Ltd.
Takatoshi Ito, President &Representative Director(TSE 1st Section, code: 8892)

Notice on New Project Site Acquisition and Suita City Fujishirodai 5-Chome Joint Project(Tentative Name) with Chuden Real Estate Co., Inc.

ES-CON JAPAN Ltd. (ES-CON JAPAN) announces that it has acquired a new project site and will conducta joint project for condominium development, retail development, etc. with Chuden Real Estate Co., Inc.
(location: Nagoya City, Aichi Prefecture; Representative: Yutaka Watanabe, President and Representative
Director; hereinafter referred to as “Chuden Real Estate”) concerning Suita City Fujishirodai 5-Chome
Project (tentative name). Details are as follows.
The project site is the former site of the National Cerebral and Cardiovascular Center (site area: 65,972.54m2), the nearest train station is Kita-Senri Station on the Hankyu Senri Line and nearby is the rich nature of
Senri’s green areas and Senri Kita Park. ES-CON JAPAN and Chuden Real Estate will capitalize on thisnatural environment as well as their extensive expertise in real estate development and other businesses
to contribute to society with distinctly local-flavored urban development.
ES-CON JAPAN concluded a capital and business partnership agreement with Chubu Electric Power Co.,
Inc. (hereinafter “Chubu Electric”) in August 2018 and launched the Nagoya City Higashi Ward Shirakabe
4-Chome Project (tentative name) as its first joint project with Chuden Real Estate, a wholly owned
subsidiary of Chubu Electric, in December 2019 and Nagoya City Higashi Ward Shirakabe 4-Chome Project
II (tentative name) as its second in March 2020. This Suita project will be its third joint project with Chuden
Real Estate and its first in the Kansai region.
The details of the development project will be announced on ES-CON JAPAN’s website and in other places
once they are finalized.
Overview of Project Site
Suita City Fujishirodai 5-Chome Project (tentative name)Location 5-7-1 Fujishirodai, Suita-shi, Osaka
AccessApprox. 15-minute walk from Kita-Senri Station on the Hankyu Senri Line

Site area

65,972.54 m2[Reference (attached)] Press release “Notice on Commencement of Suita City Fujishirodai 5-Chome Joint
Project (tentative name) by Chuden Real Estate Co., Inc. and ES-CON JAPAN Ltd.”<Inquiries Concerning this Press Release> Administration Group PR/IR Manager-1-

Tel: +81-3-6230-9308

[Reference (attached)]

Notice on Commencement of Suita City Fujishirodai 5-Chome Joint
Project (tentative name) by Chuden Real Estate Co., Inc. and ES-CON
JAPAN Ltd.
March 27, 2020
Chuden Real Estate Co., Inc.
ES-CON JAPAN Ltd.

Chuden Real Estate Co., Inc. (Chuden Real Estate) and ES-CON JAPAN Ltd. (ES-CON JAPAN) announce
that a joint project for condominium development, retail development, etc. will be conducted on a projectsite in Fujishirodai 5-chome, Suita City, newly acquired by ES-CON JAPAN.
The project site is the former site of the National Cerebral and Cardiovascular Center (site area: 65,972.54m2), the nearest train station is Kita-Senri Station on the Hankyu Senri Line and nearby is the rich nature of
Senri’s green areas and Senri Kita Park. ES-CON JAPAN and Chuden Real Estate will capitalize on thisnatural environment as well as their extensive expertise in real estate development and other businesses
to contribute to society with distinctly local-flavored urban development.
ES-CON JAPAN concluded a capital and business partnership agreement with Chubu Electric Power Co.,
Inc. (Chubu Electric) in August 2018 and launched the Nagoya City Higashi Ward Shirakabe 4-Chome
Project (tentative name) as its first joint project with Chuden Real Estate, a wholly owned subsidiary ofChubu Electric, in December 2019 and Nagoya City Higashi Ward Shirakabe 4-Chome Project II (tentativename) as its second in March 2020. This Suita project will be its third joint project with Chuden Real Estateand its first in Kansai.
The details of the development project will be announced on ES-CON JAPAN’s website and in other places
once they are finalized.

Overview of Project Site
Suita City Fujishirodai 5-Chome Project (tentative name)Location 5-7-1 Fujishirodai, Suita-shi, Osaka
AccessApprox. 15-minute walk from Kita-Senri Station on the Hankyu Senri Line

Site area

65,972.54 m2-1-Overview of Companies
Trade name
Address

Chuden Real Estate Co., Inc.
2-5 Sakae 2-chome, Naka-ku, Nagoya-shi, Aichi

Representative

President & Representative Director Yutaka WatanabeLines of business

Real estate business, construction business, operation of facilities,
environmental greening

Establishment

April 20, 1957

Capital

100 million yen

Shareholder

Chubu Electric Power Co., Inc. (100%)

Trade nameES-CON JAPAN Ltd.

Address

10-4 Toranomon 2-chome, Minato-ku, Tokyo

Representative

President & Representative Director Takatoshi Ito

Lines of business

Real estate sale business, real estate leasing business, real estateplanning, brokerage and consultation business

Establishment
CapitalShareholder

April 18, 1995
6,275 million yen (as of the end of December 2019)
Chubu Electric Power Co., Inc. (33.2%)*This press release was distributed to Electricity Study Group (Nagoya).
*Website of Chuden Real Estate: https://www.chudenfudosan.co.jp/ (Japanese)
Inquiries to Chuden Real Estate: +81-52-204-1383 (General Affairs Group, Management Department)*Website of ES-CON JAPAN: https://www.es-conjapan.co.jp/english/
Inquiries to ES-CON JAPAN: +81-3-6230-9308 (Administration Group PR/IR Manager, Administration Department)-2-